Wildfires make California farm insurance harder to find

California farm Insurance - Farm, field and equipment

The worsening trends are making some grower properties too risky to insure. The cost of California farm insurance has been rapidly rising for years as a result of more severe and frequent wildfires, but this year the situation has worsened in a striking way. The coverage isn’t just becoming too expensive, but in some cases its entirely unavailable. Following years of rising costs, California farm insurance is now seeing what is known as a managed retreat. Insurers that had once been offering policies to farmers and growers have been stepping…

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Mercury Insurance seeks to dispel California wildfire myths

Wildfire Myths - forest fire

The season is lining up to be a record breaking one and the insurer hopes residents will inform themselves. Mercury Insurance has taken to its newsroom and has enlisted the help of expert Douglas Kent in the hopes of helping Californians to dispel some of the most commonly believed wildfire myths. As the blazes are being accepted as a normal part of living in the state, residents need the facts. The first among the wildfire myths that was addressed right away in the insurance company’s recent publication on its site…

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Mercury homeowners insurance encourages Californians to prepare for fires

Mercury homeowners insurance - house on fire

The 2021 wildfire season is already outpacing that of 2020, which broke historic records. California is suffering a severe drought this year, and Mercury homeowners insurance customers are being urged to take action to ensure their properties and their families are prepared for a rough wildfire season. The California Department of Forestry and Fire Protection shows that wildfires are worse than last year. According to recent California Department of Forestry and Fire Protection (CAL FIRE) data, the drought is contributing to wildfire numbers and acres burned to the point that…

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California wildfires may need to be a way of life, say insurance officials

California wildfires - forest on fire

After 2020’s record-breaking fire season, officials warn that this may be an ongoing trend. California wildfires caused the destruction of over 10 million acres in 2020 according to a progress report from the U.S. Department of Agriculture outlining the resilience strategy. The progress report’s focus is on efforts to reduce fire fuel through forest thinning strategies. Details from the strategy show that federal efforts will be rising by “two to four times more” than the current levels for reducing destruction from the blazes. This plan was released by the Biden…

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California homeowners insurance policies are becoming fewer and farther between

California Homeowners Insurance Policies - House Fire - Fire fighters

As the state prepares for another dangerous wildfire season, coverage is in the spotlight. California homeowners insurance policies are becoming a serious subject at the moment. With the approach of the wildfire season, a growing number of property owners are losing their coverage. That said, the issue of spiking premiums and reduced availability isn’t anything new. A recent New York Times report looked at the issue of California homeowners insurance policies. It examined the way the state has been trying to manage these challenges for a long time. It pointed…

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